Tag: Business

Since it became a brokerage back in 1982, TradeStation has taken great pride of its role as one of the industry leaders in trader technology. It offers one of the best trading platforms available anywhere. It now has over 30 years of experience behind it, and it continues to improve and grow on into 2014.

Tools & Platforms

TradeStation has a desktop platform as its flagship product. It is its main core focus. Trading on the web was introduced as far back as 2013, but its current use is mainly for placing trades and managing positions and orders whenever the desktop application is out of reach.

There are multi-monitor traders who really appreciate the flexibility that TradeStation offers, as it supports multiple monitors enabling each monitor to maintain an open desktop workstation.

TradeStation has the tools to cater to nearly any type of professional investor. That includes institutions like hedge funds. Over 40 years of their historical data is available for performing equity trading, involving charting and studies. The backtesting done via Portfolio Maestro along with the customized scanning of market opportunities, only scratch the surface on all of the functionality they can offer.

The charting enables investors to get into some deep analysis and to customize indicators using multiple options. This is something that only competitors like the TD Ameritrade‘s ‘thinkorswim’ platform is able to compete with. Over 200 indicators and case studies are also available for inclusion. Each one of these is easily reworked or adjusted to fit with a trader’s exact specifications.

The option traders have by no means been forgotten. This is due to OptionStation Pro (a tool that is built into the platform). Scanning and analyzing potential trades has become a breeze, with traders able to view the traditional 2D and also the 3D P&L (profit and loss) charts. This is a benefit that is exclusive to TradeStation only. While having the 3D views is a nice addition, ultimately, they are more like good eye candy.

TradeStation also has a few other tools in its arsenal, like Radar Screen Matrix, Walk-Forward Optimizer, Scanner, and more.

One of the last crucial parts of TradeStations tools is its own proprietary coding language (EasyLanguage), that empowers traders to run wildly with indicator and trade customizations in their strategies. Clients are able to share/sell their work through the TradeStation TradingAPP Store, which was formerly known as the Strategy Network. There you can find FREE products as well as some that may run you around $50 a month, while others can run as high as $500 a month.

Over the long term, their TradingApp store expects to be something worth keeping an eye on. It was not formally launched until late in 2013. As of January of 2014, a lot of the apps still don’t have reviews listed. It is difficult to gauge the popularity because TradeStation doesn’t display the number of clients who are using each specific app. One thing you can count on though, is that these apps were not meant for new investors. They’ve been built specifically for those investors who are experienced and seasoned, and those institutional traders who know and understand all the ins and outs of the marketplace.

Forex trading is luring in people by thousands every day with its enticing possibility of quick wealth. This allure has been built and reaffirmed by the marketing experts for Forex courses, trading systems, and brokerages. They seductively lure in future Forex scam victims, promising ‘obtainable wealth’ for anyone who wants access. However, nothing about Forex is easy, and it’s definitely not for everyone. In a way, however, it is the fantasy that the Forex cons are selling to lure the people in.

Forex Money for International Curency (Photo credit: epSos.de)

There eventually does come a time and place when the traders comes to the very real and undeniable fact, that Forex trading can be extremely mentally challenging, and can really take a tole on a person’s emotions. Now the trader know the term ‘easy’ used to entice them, is not right. Still yet, knowing they were brought in under somewhat shady notions, they continue to chase the dream of becoming one of the success stories.

They all seem to be looking for the Holy Grail and see all their dreams come true. Then they nearly become obsessed with it. The marketing teams dangle this fantasy in front of them like a carrot in front of a mule. They give them the notion that if they could just find the right Forex trading system, or right indicators, and played their cards right, they would come out a winner.

That causes the trader to buy and try out one system after the other. They test out course after course spending unimaginable hours searching for the magic bullet. Sadly, it doesn’t exist.

You can take as many courses as you can find, from the best-selling authors, learn every technique available, and you are still not going to be a perfect trader. However, there is one path to success – Abandon the search for the Holy Grail and put your focus on becoming a knowledgeable, disciplined, and highly skilled trader with an edge, and you can consistently be profitable as a trader.

Getting The Best Forex System

The foreign exchange market, better known as Forex market, is very lucrative. It involves trading currencies in a bid to make profits from the ever fluctuating exchange rates. In order to cash in on this market, one has to employ the best Forex system. Traders have to use technical analysis to make trading decisions. This normally involves studying combinations of price action and technical indicators that are supplied by trading software and charting websites. Forex robots are able to automatically make trades based on these technical analysis techniques. Forex Bots

There are many Forex robots available in the market. Therefore, it is up to a trader to find the best one. It is only through doing so, that one can make the most out of the market.

The Forex Growth Bot EA is one of the best trading systems that are being marketed online. Many people who have used this bot have succeeded in the market. This is due to some of the unique features of the bot, such as low lot sizes, low risk, high reward trades and low drawdowns.

Using the Forex Growth Bot EA, one is able to protect his or her capital from being wiped out. This is because this bot mainly focuses on risk and money management. Moreover, it has many useful features that come in handy when trading. Therefore, one does not have to be vigilant at all times in order to protect his or her investment. The bot does that for him or her.

Money Trading Forex Robot

FAP Turbo is without a doubt the best online automated forex trading system available. It has been designed for both the beginner and experienced forex traders. If you either do not know or don’t care much about the complex details of forex trading, then FAP tarbo is for you.

The software provides traders with expert advice and provides them with trading decisions 24/7. It has been designed to work without any human intervention and provides trades with a very high rate of success. The program is available with complete set up instructions and this makes it very easy to install and begin trading using the MetaTrader 4.

The advantage of using the trading system is that even during the worst market conditions, it will trade for you profitably. The system has been tested for 90 days and during that time, it continually produced profitable trades. These results were quite exceptional making this system one of the best available online.

Within minutes of using system, your trading account doubles or even triples in a matter of minutes. Many companies have backed up this trading software as quite impressive, profitable and a very intelligent system. The system helps trader to set a limit on any potential loses so that traders can concentrate on wining.

If you want to benefit from the forex market, this system is an effective approach for doing exactly that. The videos that have been provided will help you to install the system easily. The videos will also help you set up the trading platform, choose settings and work with a specific strategy.

Euro Performance In Forex Trading

According to recent EU Forex trading numbers, the euro has been taking some losses against its main competitors in the currency markets. This disappointing news is coming on the heels of less-than-stellar retail sales performances and lower order numbers for Germany-based factories. Other assets such as crude oil and the British pound are now predicted to see bear market patterns as well in the near future. In the most current EU market news, traders will want to keep a close watch on the German Industrial Production figure, which will become available at 11:00am GMT. If this number posts below predicted performance, further EU market losses are expected to follow close behind it.

Euro (Photo credit: aranjuez1404)

News on the Economy

On the other side of the pond, the US dollar saw more bull market patterns and yielded higher returns. This data surpassed that of EU retail sales and orders from German factories. Mid-day trading saw a USD/CHF increase of almost 50 pips. The GBP/USD data decreased to about 60 pips during the same trading period.

Little news has been released from the US regarding this performance, and movement of the US dollar will probably happen again as a result of the latest euro-zone trading data. Many analysts predict that this month’s indicator will be higher that last month’s, which will probably generate more risk in the market. It could also wipe out any gains the greenback made yesterday. During trading later in the week, US dollar traders will want to watch for the latest US Unemployment Claim numbers as well as figures from the trade balance. Both of these figures will likely generate further volatility in the case of the greenback.

Losses of the euro in Forex trading are attributed to EU unemployment numbers, low retail sales and disappointing factory order numbers. These losses are considered moderate against currency rivals designated safe trading havens. Compared to recent Japanese yen market performance, the common currency took a 60 pip loss to start trading as low as 114.23.

With an average daily turnover of virtually $4 trillion in the global foreign exchange market, or Forex, it is easy to see why more and more people at large are taking fascination in buying and selling foreign currencies. Still, the prospect of trading currencies in this “foreign” market can be overwhelming, even for skilled stock market speculators.